Southwest Gas (SWX) - P/B ratio

P/B ratio as of December 2025 : 1.50

According to Southwest Gas 's latest financial reports the company has a price-to-book ratio of 1.47183.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Southwest Gas - P/B ratio (from 2001 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	1.47	7.54%
2024-12-31	1.37	3.11%
2023-12-31	1.33	2.89%
2022-12-31	1.29	-3.95%
2021-12-31	1.34	10.47%
2020-12-31	1.22	-24.66%
2019-12-31	1.61	-7.21%
2018-12-31	1.74	-18.59%
2017-12-31	2.14	-1.16%
2016-12-31	2.16	32.98%
2015-12-31	1.62	-14.89%
2014-12-31	1.91	4.03%
2013-12-31	1.84	22.69%
2012-12-31	1.50	-6.07%
2011-12-31	1.59	11.14%
2010-12-31	1.43	22.75%
2009-12-31	1.17	9.39%
2008-12-31	1.07	-17.63%
2007-12-31	1.30	-27.14%
2006-12-31	1.78	28.63%
2005-12-31	1.38	4.37%
2004-12-31	1.32	8.65%
2003-12-31	1.22	2.46%
2002-12-31	1.19

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
NW Natural NWN	1.36	-9.55%	🇺🇸 USA
Atmos Energy ATO	2.00	33.56%	🇺🇸 USA
Sempra Energy SRE	1.43	-4.89%	🇺🇸 USA
Oneok OKE	2.02	34.78%	🇺🇸 USA
National Fuel Gas NFG	2.38	58.57%	🇺🇸 USA
CenterPoint Energy CNP	2.25	50.08%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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